On the eleventh hour of the eleventh day in the eleventh month of 1918, an armistice ended World War 1. More than 9 million soldiers died in the war, with 20 million wounded. The war ended but a generation was lost or crippled. At the Battle of the Somme, the British alone suffered more than […]
-
Armistice Day
11 Nov 2014
-
The Walls Came Down
09 Nov 2014
Imagine a government so twisted and evil it had to build a wall to keep “citizens” from fleeing. Imagine next what it was like to watch the Berlin Wall come down. The moment was emotional for all Cold War Kids, of which I was one, but I cannot imagine the impact for those who grew […]
-
Coke vs. Pepsi V
09 Nov 2014
The debate between the economists reminds me of a long-past humorous saying about the dismal practitioners (only teasing there): “If you laid all the economists of the world end-to-end they would never reach a conclusion.” I guess they still haven’t regarding this question of whether the Republicans and Democrats are essentially different or the same. […]
-
Coke vs. Pepsi IV
07 Nov 2014
There are few things more fun than sitting back and watching economists fight. My good colleagues Drs. Wheeler and Haymond are in the midst of a tussle over the differences, or lack of differences, between our political parties. Their back and forth is worth a read. In some ways, this is the argument between those […]
-
Coke v. Pepsi III
06 Nov 2014
Fellow Berean Jeff Haymond responded to a post I made on election day on what I see as very distinct similarities between Republicans and Democrats on economic issues. Rather than commenting on Jeff’s post by responding in the text box underneath his post I’d like to include a couple of diagrams. In order to include those diagrams […]
-
In a provocative post, Berean Bert Wheeler suggested that there is not much difference between Republicans and Democrats, at least economically. I understand the urge to think this, and I certainly agree given my frustrations with both parties; “a pox on them all.” But to say there is no real substantive difference between the parties […]
-
Another Great One Dies
05 Nov 2014
Gordon Tullock died the other day. He was about 92. For those who didn’t know, Tullock was a founder of the Public Choice School of economic thought, famous for its use of microeconomic principles applied to problems of government, in particular government failure. Tullock was known as the “inventor” of the concept of rent-seeking, known […]
-
Mandate for Republicans?
05 Nov 2014
The Grand Old Party had an excellent night. As of now, Republicans have tightened their grip on the U.S. House, 246-181 with 8 races undetermined, and stormed the gates of the U.S. Senate, picking up at least seven seats with a good possibility of two still pending in Alaska and Louisiana (which will go to […]
-
Coke or Pepsi?
04 Nov 2014
I was able to attend the Free-Market Forum weekend before last. FMF is a group of Christian professors gathering to learn more about free-market principles and economics. While I do not think it was part of his planned talk, one of the speakers said that Republicans and Democrats reminded him of Coke and Pepsi – the basic […]
-
What Would Brave Voters Do?
03 Nov 2014
You may think this is piling on, but I am okay with that. Some things need to be jumped on. Our national anthem ends with the following line, “O say, does that star-spangled banner yet wave, o’er the land of the free, and the home of the brave?” I am seeing precious little freedom or […]